Crypto Voters Favor Trump’s Actions Despite Liberal Tendencies, Survey Shows
President Donald Trump's approval rating is low overall, around 40%, but he enjoys strong support from crypto investors due to his positive stance on the industry.
A survey by McLaughlin & Associates found that 64% of investors consider a candidate's crypto policy important; 73% support Trump's crypto agenda.
Trump's approval rating among crypto investors is 54%, significantly higher than his general approval rating.
The crypto investor demographic tends to be younger, college-educated, more racially diverse, and often leans toward Democratic views.
Despite this, 37% trust Republicans with crypto policy compared to 24% for Democrats, with 16% trusting neither party.
The first major crypto law under Trump and a Republican Congress was passed to regulate stablecoin issuers.
Efforts are ongoing to pass broader crypto market regulations, though progress is slow due to budget disputes in Congress.
The industry's political action committee, Fairshake, is preparing significant funding efforts for the upcoming congressional races, showing bipartisan financial support.
